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B2B payment service provider Hokodo attracts EUR 100 million investment
We advised B2B payment service provider Hokodo on raising EUR 100 million financing in the form of a multi-jurisdictional securitisation transaction. The financing was provided by Viola Credit, a global alternative credit asset manager. With this new financing, Hokodo will facilitate more than EUR 1.5 billion of B2B transactions over the next 24 months. The […]
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Salv Technologies improves information-sharing between financial institutions
Sorainen advised Salv Technologies, a financial crime fighting technology startup, in the process of mapping out the legal basis for cross-border information-sharing between financial institutions and presented the findings to Salv’s partners in a virtual workshop which included the representatives of the European Commission and the Council of Europe. Our financial regulatory and data protection […]
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Sorainen successful for virtual currency service providers in the licensing process
Our fintech experts advised various virtual currency service providers in the licencing process under Estonia’s reformed AML Act. Our work included both obtaining new virtual currency service provider licenses as well as the renewal of existing VASP licences. Renewal of existing licenses We were engaged by Auto Coin Payments, the operator of the marketplace AutoCoinCars […]
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Lendwill obtains P2P lending platform operator licence in Lithuania
We advised Norwegian startup Lendwill on obtaining a peer-to-peer (P2P) lending platform operator licence in Lithuania. The mobile application, built on a blockchain ledger, allows users to borrow or lend small amounts of money. It also offers educational content to help users to learn about personal finance and credit. Our services and team Our team, […]
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Salto X raises EUR 5.2 million
We advised the pan-European fintech startup, Salto X, on raising EUR 5.2 million in order to introduce its Incentive Tokens Plans to companies wanting to retain and recruit quality talent. The seed funding round was led by ByFounders and Blockwall. New York-based Box Group, crypto fintech 3Commas, and angels such as Liu Jiang (ex-Sequoia GP) & Alex Gluchkowski […]